Tech stock sell-off reopens debate on who will foot the AI bill

The recent decline in tech stocks, particularly CoreWeave, raises concerns about the sustainability of AI investments. Investors are questioning who will finance the industry's growth amid rising costs and debt. CoreWeave's significant losses and high debt highlight the fragility of neocloud companies compared to established tech giants. While demand for AI remains strong, financing challenges are emerging, prompting some firms to delay IPOs. Analysts suggest that while certain neoclouds face risks, the overall industry fundamentals remain solid, with expectations for continued AI growth.